Rep. Campbell Questions Bernanke on Risk of US-EU Financial Interconnectivity

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Uploaded by on Oct 5, 2011

Appearing before the Joint Economic Committee, Federal Reserve Chair Ben Bernanke answers questions from Rep. John Campbell on how the Fed is responding, as the Eurozone suffers defaults, to the threat posed by the interconnectivity between the U.S. and European financial markets. Campbell goes on to ask for Bernanke's recommendations on viable refinancing options for underwater mortgages in light of the current financial regulatory system.

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